Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $37.89 in the prior trading day, Steven Madden Ltd (NASDAQ: SHOO) closed at $34.84, down -8.05%. In other words, the price has decreased by -$8.05 from its previous closing price. On the day, 2.5 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SHOO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.14.
Telsey Advisory Group reiterated its Market Perform rating for the stock on August 01, 2024, while the target price for the stock was revised from $44 to $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Davis Peter Allan sold 500 shares for $45.39 per share. The transaction valued at 22,696 led to the insider holds 7,757 shares of the business.
Peter Davis bought 500 shares of SHOO for $22,696 on Nov 25 ’24. On Sep 04 ’24, another insider, Kumar Maria Teresa, who serves as the Director of the company, sold 8,646 shares for $43.99 each. As a result, the insider received 380,299 and left with 4,400 shares of the company.
Valuation Measures:
As of this moment, Steven’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.79, and their Forward P/E ratio for the next fiscal year is 12.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 3.02.
Stock Price History:
Over the past 52 weeks, SHOO has reached a high of $50.01, while it has fallen to a 52-week low of $36.40. The 50-Day Moving Average of the stock is -14.33%, while the 200-Day Moving Average is calculated to be -19.99%.
Shares Statistics:
A total of 72.19M shares are outstanding, with a floating share count of 68.18M. Insiders hold about 5.56% of the company’s shares, while institutions hold 102.19% stake in the company.